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Investment THE CLIO RESIDENCE @ IOI RESORT CITY [OT], Pamper you in a Resort serenity

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nkhong
post Feb 6 2014, 10:15 AM

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QUOTE(accetera @ Nov 11 2013, 11:03 PM)
Around RM500-550psf. Freehold. Sizes are 843 sq ft and 1,388 sq ft.
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Is this price still stand?
nkhong
post Feb 7 2014, 08:22 PM

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QUOTE(blackfuzzy @ Feb 7 2014, 09:48 AM)
The Clio is definitely not part of IOI City Mall. For one thing, its across the street. The mall is to east of Persiaran Utara, whereas the site for the Clio Residences, on the west. Straight distancewise between the mall and The Clio should be give take half a kilometer or so.
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Taiko, can review the exact location ah? smile.gif
nkhong
post Feb 9 2014, 03:48 AM

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QUOTE(blackfuzzy @ Feb 8 2014, 10:28 AM)
No la, just thought to share info.

This should help
thanks!! notworthy.gif
nkhong
post Feb 10 2014, 08:45 PM

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Probably some people think hospital is not good from fengshui perspective, people are dying in hospital, a lot spirits there might accidental go to your house if you live nearby ... smile.gif
nkhong
post Feb 17 2014, 12:38 PM

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QUOTE(blackfuzzy @ Feb 13 2014, 05:21 PM)
Just a check man - do the mat sallehs you work with actually drive 80km back and forth with something like 6 tolls between everyday, since the assumption was that they work in Cyberjaya  blink.gif ? So that they have 'nightlife' every single day  sweat.gif ?

Or were you referring to elsewhere?
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The few ang mo that i work with last time in cyberjaya, they really travel all the way back to city and dont want to stay in cyber. They take taxi to erl and back to city. Sometimes they rent a car monthly. This might change in future if cyber become more happening maybe i am not sure. For other countries expat like china and india, yes they are more willing to stay in cyber and travel only weekend to city center.
nkhong
post Mar 31 2014, 12:47 AM

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600 psf is kind of expensive for this part of town. Can go or not ah?
nkhong
post May 14 2014, 05:11 PM

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So cheap? 600psf onli ....
nkhong
post May 14 2014, 10:52 PM

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QUOTE(CMW123 @ May 14 2014, 10:08 PM)
How much psf u expecting n why?
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http://www.iproperty.com.my/propertylistin...ominium-forsale

Puteri Palma already asking 700psf, this new condominium should at least 800 psf. biggrin.gif
nkhong
post May 24 2014, 03:02 AM

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QUOTE(Nidz @ May 22 2014, 08:41 PM)
Since I am planning to buy this project for own stay, I do not know whether it will be a wise decision for investment.

But, from my observation, let's say that I decided to stay in another place when this project is finally finished. I don't think that I will have trouble in selling this unit or renting it out. My points are:

2) This project is the newest residential project in that township. The existing Puteri Palma was already sold out (except for their penthouse) and currently fetching a good rental rate at rm2k - rm3k. The buyer of this project will have the advantage of first mover in this township. Provided that all things stay the same and the property bubble doesn't burst, the developer will almost always increase the selling price of the next phase development in that township. So, I can say that these first mover will have the cost advantage of their units.

Just my 2 cents notworthy.gif
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Hi taiko, since u work near this place,
Any idea who is target tenants if wanna rent out? Or any idea who are puteri palma current tenants? Easily rent out?
nkhong
post May 24 2014, 06:28 PM

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QUOTE(Nidz @ May 24 2014, 05:53 PM)
Honestly, I have no idea who are the target tenants. Since I am buying this for my own stay, I did not consider that factor in my decision.
I also don't think this property will attract a lot of tenant now. But once this township is mature, say maybe 5-10 years from now, that will be different situation altogether.
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Buy for ownstay easier, within affordable budget, like the location and property just buybuybuy. Buy for investment if cannot rent out in 1 year installment plus maintenance fee very siong.

 

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